The new rules for Chinese ID cards are coming!
In recent years, overseas IDCs and international students who lost their ID cards have often been taken to the bank to open accounts, and even used to do some illegal activities! It was not until overseas people came back to China that they suddenly discovered that they had more bank accounts in their name, and even “opened the company” in China. They could also face millions of yuan in loans and fines.
The People’s Bank of China announced on March 21 that it will carry out verification of invalid resident identity card information and non-resident identity card information. Since April 9, 2018, ICBC, Bank of China, and China Construction Bank in Tianjin, Shanxi Province, and Fujian Province have carried out pilot verification of invalid identity card information; in Shanghai, Fujian, Shenzhen, and Zhuhai The city’s Industrial and Commercial Bank of China, Bank of China, and China Merchants Bank carried out pilot inspections of information on Hong Kong and Macao residents’ inbound and outbound travel passes, Taiwan residents’ passes to and from mainland China, and permanent residence permits for foreigners.
The People’s Bank of China stated that the next step will be to summarize the pilot experience, continuously expand the scope of the online verification business, improve the system’s operating capability, and gradually extend the pilot to the whole country.
What is “invalid resident ID information”?
According to the notice issued by the Central Bank, the invalidated identity card here refers to an ID card that has been lost, reported missing, expired, or has otherwise failed. Specifically, if the bank verifies that the individual has declared the missing resident identity card to the public security agency, the online verification system will give feedback that “the document has been reported lost.” If the individual has changed the name, the document has been damaged, the registration item is incorrect, the validity period has expired, etc. New certificates were obtained from the public security organs, and the documents verified by the bank are still old ones. The online verification system will give feedback that the documents have expired.
According to the notice, the current verification is still in the pilot phase: it will be conducted first when the customer’s bank and settlement account settlement account are opened, changed, and withdrawn, and there is no need to check for invalid resident identity card information and non-resident identity card information when conducting other services. . Subsequent central banks will verify identity information in other banking services based on pilot conditions.